Independent Leading Corporate Governance Research

Metrical Inc

METRICAL INC. is an independent leading Corporate Governance research firm in Japan where Corporate Governance is increasingly recognized as an important element on corporate management in these days. Thus, CG research and solutions would become an essential component of global capital markets and play important to contribute to transparency of the markets and maximize shareholders’ value in Japan. 

METRICAL INC. provides Corporate Governance research and analysis including rating services, and  also offers investment research and IR services with solutions and customized profound research on CG and IR issues.

Recent Stock Price Rise May Be Due to Expectation for Greater Shareholder Returns Rather than Growth

Investors Are Less Interested in Companies that Generate Little Cash Despite Shareholder Returns

Japanese Companies Aren't Good at Adjusting Course or Withdrawing in Line with Environmental Changes

Catalyst for Value-Creating Management Isn't the Revision of Corporate Governance Code, but Rather..

How Effective Will the Changes in Listing Criteria Be, Amid a Long Grace Period and Secured Listing?

Revision of Corporate Governance Code Will Support Dialogue Between Overseas Investors and Companies

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Standard Market is home to companies that face challenges that fail to meet tradable shares ratio, can't grow market capitalization, or feel it burdensome to meet governance and disclosure requirements.</li>
<li>TSE is likely to request companies listed on the Standard Market to disclose improvement measures in response to TSE's requests, rather than raising the listing maintenance criteria.</li>
<li>262 Standard Market companies are listed subsidiaries. It's considered that the quickest way to improve the quality of the Standard Market is to delist these companies by eliminating parent-subsidiary listings.</li>
</ul>


Standard Market is home to companies that face challenges that fail to meet tradable shares ratio, can't grow market capitalization, or feel it burdensome to meet governance and disclosure requirements.
TSE is likely to request companies listed on the Standard Market to disclose improvement measures in response to TSE's requests, rather than raising the listing maintenance criteria.
262 Standard Market companies are listed subsidiaries. It's considered that the quickest way to improve the quality of the Standard Market is to delist these companies by eliminating parent-subsidiary listings.


The Main Battlefield for Dissolution of Parent-Subsidiary Listings Will Shift to Standard Market

TSE Tokyo Price Index TOPIX

The Main Battlefield for Dissolution of Parent-Subsidiary Listings Will Shift to Standard Market